Marc Andreessen breaks Jeff Bezo's record of purchasing the MOST EXPENSIVE home in CA!

Billionaire Marc Andreessen just paid a record-breaking amount for this Malibu Compound.

Original Asking price: $250,000,000

Selling price: $177,000,000

It sold for $12 million more than the earlier record set last year by Jeff Bezos in Beverly Hills.

The main house is about 10,000 sq. ft. of living space and sits on 7 acres of land.

Located in the Paradise Cove section of Malibu, the home offers panoramic ocean views.

The compound reportedly features 13 structures, including a detached screening room, multiple guesthouses, 2 barns converted into a car collectors’ garage, and a pool with a cabana.

Lil Wayne just bought a new mansion. Can you guess who his celebrity neighbors are?

Who knew Lil Wayne was a modern farmhouse kind of guy?!?

He just bought this Hidden Hills Mansion for $15,400,000!

The home has 7 bed/8 baths, 12,135 sq. ft. of living space, and is on 3.26 acres.

There is a chef’s kitchen with professional quality stainless steel appliances, a large sunny breakfast room, a glass-encased refrigerated wine display, and a home theater with starry galaxy ceiling.

The backyard has an outdoor kitchen with BBQ, a sports court, a negative-edge swimming pool with an inset spa, and a guest house.

Check out this one of a kind "Hot Home" in Hancock Park!

“Hot Home” alert in Hancock Park!

The asking price is $12,375,000.

This French Neoclassical home has 4 bed/6 baths, 8,163 sq. ft. of living space, and is on a 20,143 sq. ft. lot.

The property features an awe-inspiring foyer with 30 foot high ceilings, herringbone wood floors throughout, a 7 car garage, amazing views, and an octagonal-shaped pool.

Text me if you want a tour at 818-445-7953.

Most expensive home to sell this week in Studio City

Original asking price: $4,750,000
Sold price: $4,250,000
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After being on the market for only 25 days, the owner of this #StudioCity home decided to accept a offer that was $500,000 below asking price.
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Do you think the owner was too quick to accept such a low offer... or should the owner have kept the home on the market a little longer in hopes of getting more money?
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Comment "accept" or "wait".

3 years' search for this Glendale home

The buyers of this #Glendale home had been searching for a property for 3 years.
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Their agent put in several offers on their behalf, but they could not get the job done.
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My past client and friend referred them over to me. The buyers came by my office in the morning for my "Buyer Orientation" meeting.
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This is where I take them through the entire purchase process, from beginning to end. 
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In the afternoon I showed them 3 properties. They fell in love with one and immediately decided to put in an offer. 
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After a little negotiating with the seller, my clients got the home for $1,075,000. The sellers original asking price was $1,250,000.
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3 years of searching with another agent... and in 1 day I found them their home.
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I hate to toot my own horn... but... TOOT TOOT!

Most expensive home to sell in Burbank this week

Original asking price: $2,399,000
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Sold price: $1,800,000
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Is a backyard important to you?
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This #Burbank home does not have much of a backyard and still demanded the million dollar price tag.
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If a small yard is a dealbreaker for you, comment below "dealbreaker".

How can I become your real estate agent?

If I have brought you any value through my content, please take the time to give my your thoughts. Insights@ContempoRealtors.com

Thank you!

How can I raise my credit score in 6 months?

Do you think this hack is worth the time you have to invest into it?

This is the only free way I know of that can raise your credit score.

Should I get the square footage on my homes tax records fixed?

Thank goodness I gave the county assessor the info he needed in order to change the square footage reflected on my properties public tax record!

Having the correct record made a huge difference when I sold my property.

Ready to sell your home? We are ready to help.

I promise you that our 72 Hour Home Selling Program is unlike any selling strategy you have ever seen.
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If you are ready to sell your home, give us a chance to show you what we will do to get you top dollar... fast!
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Let’s talk! 818-445-7953 or Daniel@ContempoRealtors.com

The minimum money I recommend you put down is 10% of the purchase price of the home

You can put down less money if purchasing in a less desirable area.
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But if you want to live in a hot part of town, you better put down AT LEAST 10%.
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Keep in mind 20% is just average.

When is the best time of year to sell a home?

Focus on housing inventory levels, not what time of year it is.

Share authentic stories about your home with your agent. It might make for a unique Instagram ad.

Buyers love back story about a property, especially if they are interested in buying it.
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Explain to your agent how the backyard is a great place for family birthday parties...
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mention that you have spent the last 15 years together as a family watching 4th of July fireworks from your front porch...
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Authenticity is key when advertising on Instagram... you never know what could make for awesome marketing!

Am I legally obligated to accept any offer made on my home?

You only have to comply with the sale of your home if you go under contract with a buyer.
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If you don't sign a contract, you don't have to sell. PERIOD. 
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Get more answers to your real estate questions on The #AskDanielLosAngeles Show at Facebook.com/DanielLosAngelesShow

You are never obligated to accept a purchase offer on your home

If you put your home up for sale, you are not forced by any law or code to actually sell it.

As long as you have not signed a purchase contract, you can take your property off of the market and continue to live there.

Even if you get a really high offer or a really low offer... you are never obligated to accept an offer.